Asia Pacific Wearable Medical Device Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Wearable Medical Device Industry in Asia Pacific is Segmented by Product Type (Wearable Vital Sign Monitor (Wearable Heart Rate Monitor, Wearable Activity Monitor, Wearable Electrocardiograph, and Wearable Sleep Monitor), Wearable Fetal Monitor and Obstetric Device, Neuro - monitoring Device, Respiratory Therapy Wearable Device, Glucose/Insulin Monitoring Wearable Device, and Other Wearable Devices), Application (Sports and Fitness, Remote Patient Monitoring, and Home Healthcare), Device Type (Watch, Wristband, Clothing, Ear Wear, and Other Device Types), and Geography (China, Japan, India, Australia, South Korea and Rest of Asia - Pacific). The market provides the value (in USD million) for the above-mentioned segments.

Asia Pacific Wearable Medical Device Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Asia-Pacific Wearable Medical Devices Market Size

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Asia Pacific Wearable Medical Devices Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
Market Size (2025) USD 12.30 Billion
Market Size (2030) USD 25.84 Billion
CAGR (2025 - 2030) 16.01 %

Major Players

Asia Pacific Wearable Medical Devices Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Asia-Pacific Wearable Medical Devices Market Analysis

The Asia-Pacific Wearable Medical Devices Market size is estimated at USD 12.30 billion in 2025, and is expected to reach USD 25.84 billion by 2030, at a CAGR of 16.01% during the forecast period (2025-2030).

COVID-19 has expedited the technological transition in the medical device industry that is currently underway. The outbreak has resulted in an unprecedented focus on public health, which has led to an increase in preventive and long-term patient care aids and equipment at the consumer level. According to the study titled "The Rise of Wearable Devices during the COVID-19 Pandemic: A Systematic Review" published in the Journal of Sensors in August 2021, remote monitoring of COVID-19 symptoms is in high demand in healthcare. Companies manufactured a variety of IoT-based devices and wearables last year, with promising findings in terms of high accuracy in identifying patients in the prodromal phase and monitoring symptoms such as breathing rate, heart rate, temperature, and so on. Such studies demonstrate the positive impact of COVID-19 on market growth.

Currently, remote monitoring of COVID-19 symptoms is in high demand in healthcare across the region, and several companies are engaged in developing and manufacturing devices that aid in no-contact tracking of patient symptoms. For instance, in March 2021, EOFlow, a wearable drug delivery solution provider, launched a new smartphone application for integration with wearable insulin delivery devices, which has also been allowed to be sold in South Korea.

Moreover, increasing technological breakthroughs and innovations, rising per-capita wealth in developing countries, and the simplicity of use and interpretation of medical devices are all driving the regional industry forward. For instance, in December 2021, with the release of the Huawei Watch D in China, Huawei added a smartwatch to its product portfolio. It's the company's first wristwatch with a blood pressure monitor on the wrist. The Chinese Drug Administration has designated the smartwatch as a Class II medical device.

Thus, owing to the abovementioned factors, the market is expected to show growth over the forecast period. However, the high cost of the products is expected to impede the growth of the market.

Asia-Pacific Wearable Medical Devices Industry Overview

The Asia-Pacific wearable medical devices market is fragmented and competitive. The key growth strategies adopted by key players include strategic acquisitions, collaborations, and partnerships that may help them expand their geographical presence and strengthen their business positions. Some of the companies currently dominating the market are Garmin Ltd, Apple Inc., Fitbit Inc., Lifesense, Sotera Wireless, Philips (Biotelemtry, Inc.), Samsung, Vital Connect, GOQii, and Abbott Laboratories.

Asia-Pacific Wearable Medical Devices Market Leaders

  1. Apple Inc.

  2. Fitbit Inc.

  3. Lifesense

  4. Sotera Wireless

  5. Philips (Biotelemtry, Inc.)

  6. *Disclaimer: Major Players sorted in no particular order
Asia Pacific Wearable Medical Devices Market Concentration
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Asia-Pacific Wearable Medical Devices Market News

  • In March 2022, Molife released a Pro version of the Sense 500 smartwatch in India. The Molife Sense 500 Pro has a square-shaped design and several of the same features as the normal model, including Bluetooth calling, 24-hour heart rate tracking, a 220mAh battery, SpO2 monitoring, and a 1.7-inch IPS display.
  • In March 2022, BioIntelliSense commercially launched its medical-grade BioButton Rechargeable wearable device. The new BioButton Rechargeable device allows for continuous multi-parameter monitoring of a broad range of 20+ vital signs and physiologic biometrics for up to 16 days on a single charge.

Asia-Pacific Wearable Medical Devices Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Increasing Technological Advancements and Innovations
    • 4.2.2 Increasing Per-capita Income in Developing Countries
    • 4.2.3 Ease-of-use and Interpretation of Medical Devices
  • 4.3 Market Restraints
    • 4.3.1 High Cost of Wearable Devices
    • 4.3.2 Unfavorable Reimbursement Issues
  • 4.4 Porter's Five Force Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size by Value - USD million)

  • 5.1 By Product Type
    • 5.1.1 Wearable Vital Sign Monitor
    • 5.1.1.1 Wearable Heart Rate Monitor
    • 5.1.1.2 Wearable Activity Monitor
    • 5.1.1.3 Wearable Electrocardiograph
    • 5.1.1.4 Wearable Sleep Monitor
    • 5.1.2 Wearable Fetal Monitor and Obstetric Device
    • 5.1.3 Neuro-monitoring Device
    • 5.1.4 Respiratory Therapy Wearable Device
    • 5.1.5 Glucose/Insulin Monitoring Wearable Device
    • 5.1.6 Other Wearable Devices
  • 5.2 By Application
    • 5.2.1 Sports and Fitness
    • 5.2.2 Remote Patient Monitoring
    • 5.2.3 Home Healthcare
  • 5.3 By Device Type
    • 5.3.1 Watch
    • 5.3.2 Wristband
    • 5.3.3 Clothing
    • 5.3.4 Ear Wear
    • 5.3.5 Other Device Types
  • 5.4 Geography
    • 5.4.1 China
    • 5.4.2 Japan
    • 5.4.3 India
    • 5.4.4 Australia
    • 5.4.5 South Korea
    • 5.4.6 Rest of Asia-Pacific

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 Garmin Ltd
    • 6.1.2 Apple Inc.
    • 6.1.3 Fitbit Inc.
    • 6.1.4 Lifesense
    • 6.1.5 Sotera Wireless
    • 6.1.6 Philips (Biotelemetry, Inc.)
    • 6.1.7 Samsung
    • 6.1.8 Vital Connect
    • 6.1.9 Abbott Laboratories
    • 6.1.10 GOQii
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape Covers- Business Overview, Financials, Products and Strategies, and Recent Developments
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Asia-Pacific Wearable Medical Devices Industry Segmentation

As per the scope of the report, wearable medical devices can diagnose or monitor medical conditions when combined with digital health information worn over the body. Wearable devices are easy to use, cordless, and can provide information about various factors, such as heart rate, blood pressure, weight, sleeping habits, and other factors. The Asia-Pacific Wearable Medical Devices Market is segmented by Product Type (Wearable Vital Sign Monitor (Wearable Heart Rate Monitor, Wearable Activity Monitor, Wearable Electrocardiograph, and Wearable Sleep Monitor), Wearable Fetal Monitor and Obstetric Device, Neuro-monitoring Device, Respiratory Therapy Wearable Device, Glucose/Insulin Monitoring Wearable Device, and Other Wearable Devices), Application (Sports and Fitness, Remote Patient Monitoring, and Home Healthcare), Device Type (Watch, Wristband, Clothing, Ear Wear, and Other Device Types), and Asia-Pacific (China, Japan, India, Australia, South Korea, and Rest of Asia-Pacific). The report offers the value (in USD million) for the above segments.

By Product Type Wearable Vital Sign Monitor Wearable Heart Rate Monitor
Wearable Activity Monitor
Wearable Electrocardiograph
Wearable Sleep Monitor
Wearable Fetal Monitor and Obstetric Device
Neuro-monitoring Device
Respiratory Therapy Wearable Device
Glucose/Insulin Monitoring Wearable Device
Other Wearable Devices
By Application Sports and Fitness
Remote Patient Monitoring
Home Healthcare
By Device Type Watch
Wristband
Clothing
Ear Wear
Other Device Types
Geography China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
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Asia-Pacific Wearable Medical Devices Market Research FAQs

How big is the Asia-Pacific Wearable Medical Devices Market?

The Asia-Pacific Wearable Medical Devices Market size is expected to reach USD 12.30 billion in 2025 and grow at a CAGR of 16.01% to reach USD 25.84 billion by 2030.

What is the current Asia-Pacific Wearable Medical Devices Market size?

In 2025, the Asia-Pacific Wearable Medical Devices Market size is expected to reach USD 12.30 billion.

Who are the key players in Asia-Pacific Wearable Medical Devices Market?

Apple Inc., Fitbit Inc., Lifesense, Sotera Wireless and Philips (Biotelemtry, Inc.) are the major companies operating in the Asia-Pacific Wearable Medical Devices Market.

What years does this Asia-Pacific Wearable Medical Devices Market cover, and what was the market size in 2024?

In 2024, the Asia-Pacific Wearable Medical Devices Market size was estimated at USD 10.33 billion. The report covers the Asia-Pacific Wearable Medical Devices Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Asia-Pacific Wearable Medical Devices Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Asia-Pacific Wearable Medical Device Industry Report

Statistics for the 2025 Asia-Pacific Wearable Medical Devices market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia-Pacific Wearable Medical Devices analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.